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StarHub (SG:CC3)
:CC3
Holding SG:CC3?
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.02Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: 0.83%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong growth in the enterprise and broadband segments, and strategic initiatives in mobile leading to subscriber growth. However, there were challenges in mobile revenue decline and timing issues in cybersecurity revenues. The sentiment is balanced with a slight positive outlook due to anticipated recoveries.Company Guidance
In the Q3 2024 earnings call for CC3.SI, the executives provided detailed guidance on various financial metrics and their strategic direction. The company's service revenue remained flat year-to-date, with a quarter-on-quarter decline attributed to timing issues in their cybersecurity business, Ensign. Despite this, they anticipate strong revenue recognition in Q4, maintaining their full-year forecast for year-on-year growth. The Service EBITDA showed growth, driven by high-margin enterprise segments and operational efficiencies. The net debt-to-EBITDA ratio improved to 1.25x, enhancing financial flexibility. Mobile revenue declined 5% year-on-year, but only 0.8% quarter-on-quarter, reflecting resilience compared to competitors. The company added 55,000 subscribers in Q3 and expanded its broadband subscriber base by 2.8% quarter-on-quarter. In the enterprise segment, network solutions and managed services grew 9.4% and 25% year-on-year, respectively. The executives reiterated their commitment to the DARE+ transformation, expecting to complete the spend by mid-2025, and maintaining a focus on prudent capital management and potential consolidation opportunities.Enterprise Growth
Enterprise segment showed strong performance with Network Solutions growing 9.4% year-on-year and Managed Services growing by about 25% year-on-year.
Broadband Revenue Increase
Broadband revenue grew 2.8% quarter-on-quarter. This growth was driven by the penetration of ultra-speed and high-speed plans.
Free Cash Flow and Leverage
Free cash flow remains strong at $167.2 million for 9 months 2024, with net debt-to-EBITDA reduced to 1.25x.
EBITDA and Net Profit Growth
EBITDA increased to $114.6 million for the quarter and $341.2 million for the 9 months, with net profit after tax up 11% year-on-year at $40.4 million.
Mobile Subscriber Addition
55,000 mobile subscribers were added in the third quarter, showing strong performance compared to competitors.
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SG:CC3 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SG:CC3 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | S$1.20 | S$1.19 | -0.83% |
| Aug 14, 2024 | S$1.25 | S$1.26 | +0.80% |
| May 14, 2024 | S$1.19 | S$1.23 | +3.36% |
| Feb 08, 2024 | S$1.01 | S$1.01 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does StarHub (SG:CC3) report earnings?
StarHub (SG:CC3) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is StarHub (SG:CC3) earnings time?
StarHub (SG:CC3) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of StarHub stock?
The P/E ratio of StarHub is N/A.
What is SG:CC3 EPS forecast?
SG:CC3 EPS forecast for the fiscal quarter 2024 (Q4) is 0.02.
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